Records accounts payable and receivable for the various funds which existed at the Missouri State Normal School—Third District. Its purpose is to reconcile payments and receipts in dealing with the State Auditor. Some of the funds covered consist of the Incidental Fund, Domestic Science and Art Fees Fund, Gymnasium Fund, Manual Training Fund, Basketry and Handiwork Fund, Training School Fees, Agriculture Sales Fund, Agriculture and Home Economics Fund, Library Fund, Laboratories Fund, “Tunnel” Fund, Salaries of Officers, Teachers, and Janitors Fund, Correspondence Fees Paid, Textbook Fee Fund, Student Activities Fund, and the “Deep Well” Fund.

Ledger also records the valuation of land, property and assets of the college, including investments of the State in permanent assets (land, buildings, statuary, and band instruments), a balance of cash on hand (the different funds that generate cash in fees, etc.), investments of the state (accounts payable, certificates and notes), educational salaries and other accounts payable of the college, State Auditor Appropriations (requests for appropriations for salaries, library, laboratories, and purchase of dormitories), Salary and Incidental Fund, cash receipts from State Auditor, and Accounts Payable (cash disbursements to the different funds, such as grading and paving of streets, Purchase of Dormitories Fund, piano rent, etc.).